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Taubman to launch construction of Mall of San Juan, marking Nordstrom and Saks debuts
Bloomfield Hills, Mich. -- Taubman Centers said Thursday that it will begin construction this summer on its 640,000-sq.-ft. Mall of San Juan, in San Juan, Puerto Rico.
Formerly known as Plaza Internacional, The Mall of San Juan will be a state-of-the-art, two-level, enclosed mall anchored by a 138,000-sq.-ft. Nordstrom and a 100,000-sq.-ft. Saks Fifth Avenue. It will be the first upscale mall on the island and the first and only location in Puerto Rico for both Nordstrom and Saks.
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Nash Finch to acquire No Frills Supermarkets
New York -- Nash Finch has agreed to acquire the 18-store No Frills Supermarkets, which is based in Omaha, Neb.
The terms of the transaction, which is expected to be completed by the end of third quarter, were not immediately available.
In April, Nash Finch completed the acquisition of the 12-store Bag ’N Save supermarket chain.